How shitty is my salary?
Posted: Tue Jun 02, 2015 11:21 pm
I'm 3 years out at a mid-sized firm in secondary market in slightly above COL area. I make $96k
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Oh yeah it's fine for law. Shitty for the real world for someone 6 years removed undergrad that was smart.SFB222 wrote:Sorry, just got a little depressed tonight after realizing that a few of my little sister's friends who are a few years out of college were making almost as much as me, in really random jobs (and no loans). Ugh.
and i went to an ivy undergrad (slaps forehead)JohannDeMann wrote:Oh yeah it's fine for law. Shitty for the real world for someone 6 years removed undergrad that was smart.SFB222 wrote:Sorry, just got a little depressed tonight after realizing that a few of my little sister's friends who are a few years out of college were making almost as much as me, in really random jobs (and no loans). Ugh.
Lmao. this.lukertin wrote:Depends how many hours you work each week.
if reliably 40hrs/week, you are great.
if 50/week, it's ok
if 60+/week, kinda shitty
if 80/week, really shitty
Really helpful use of anonAnonymous User wrote:Let's put this in perspective, folks. You probably make around twice the median household income in the city you live in. That's pretty amazing for someone in his or her 20s (or early 30s).
(Incidentally, I think you also make somewhat above the median lawyer salary, which also ain't bad given you're in a manageable COL area and are still early career.)
comparing yourself to the median person that is a college dropout or never attended is ridiculous.Anonymous User wrote:Let's put this in perspective, folks. You probably make around twice the median household income in the city you live in. That's pretty amazing for someone in his or her 20s (or early 30s).
(Incidentally, I think you also make somewhat above the median lawyer salary, which also ain't bad given you're in a manageable COL area and are still early career.)
This shit is obnoxious and irrelevant. It's like when a person says " you think YOU'RE having a bad day? My car broke down while my boyfriend dumped me." It's completely unrelated to how the first person is doing.Shaggier1 wrote:http://www.gallup.com/poll/166211/world ... e-000.aspx
Exactly. "Oh, your back hurts? BOO HOO, HERE'S A PICTURE OF A LEPER!"nothingtosee wrote:This shit is obnoxious and irrelevant. It's like when a person says " you think YOU'RE having a bad day? My car broke down while my boyfriend dumped me." It's completely unrelated to how the first person is doing.Shaggier1 wrote:http://www.gallup.com/poll/166211/world ... e-000.aspx
If the person across the street from OP is making $10,000 for doing the same work than OP can't complain. If the person up 5 floors is doing the same work and making $120,000 then op's salary is shitty.
OP is not interested in finding out what they're objectively worth. They just want to complain that despite spending three years immersing themselves in the majesty of the law, they know people who make more.blsingindisguise wrote:No one in this thread is actually helping you figure out whether you are paid what you are worth, which is what you need to figure out. How is your firm doing? How specialized is your practice area? How valuable are you to them? Are you well-liked? Are you better than other associates in your firm? Are you seeing movement in your field, i.e. are people leaving your firm for other firms/is your firm hiring/are other firms in your field hiring? The last thing you should be doing is saying "oh well, could be worse, the median income for a family in my area is ___"
Ok: http://time.com/money/3829776/heres-wha ... f-college/JohannDeMann wrote:comparing yourself to the median person that is a college dropout or never attended is ridiculous.Anonymous User wrote:Let's put this in perspective, folks. You probably make around twice the median household income in the city you live in. That's pretty amazing for someone in his or her 20s (or early 30s).
(Incidentally, I think you also make somewhat above the median lawyer salary, which also ain't bad given you're in a manageable COL area and are still early career.)
lolblsingindisguise wrote:Exactly. "Oh, your back hurts? BOO HOO, HERE'S A PICTURE OF A LEPER!"nothingtosee wrote:This shit is obnoxious and irrelevant. It's like when a person says " you think YOU'RE having a bad day? My car broke down while my boyfriend dumped me." It's completely unrelated to how the first person is doing.Shaggier1 wrote:http://www.gallup.com/poll/166211/world ... e-000.aspx
If the person across the street from OP is making $10,000 for doing the same work than OP can't complain. If the person up 5 floors is doing the same work and making $120,000 then op's salary is shitty.
96k in Minneapolis is more like 150k in NYC, but your general point is correct.krads153 wrote:lolblsingindisguise wrote:Exactly. "Oh, your back hurts? BOO HOO, HERE'S A PICTURE OF A LEPER!"nothingtosee wrote:This shit is obnoxious and irrelevant. It's like when a person says " you think YOU'RE having a bad day? My car broke down while my boyfriend dumped me." It's completely unrelated to how the first person is doing.Shaggier1 wrote:http://www.gallup.com/poll/166211/world ... e-000.aspx
If the person across the street from OP is making $10,000 for doing the same work than OP can't complain. If the person up 5 floors is doing the same work and making $120,000 then op's salary is shitty.
As for OP's question, I think it's a little low, but depends on exactly what your COL is and imo, on how much debt you have too (although not directly relevant)
96k in like Minneapolis for example is probably worth 400k+ in NYC, as an example
If we're being precise, it's more around ~200k according to the below. But I'm skeptical, honestly, of the website. I compared with my secondary hometown and NYC and think that the website greatly underestimates how much you need to live in NYC at a sort of similar level (at least housing wise).trebekismyhero wrote:96k in Minneapolis is more like 150k in NYC, but your general point is correct.krads153 wrote:lolblsingindisguise wrote:Exactly. "Oh, your back hurts? BOO HOO, HERE'S A PICTURE OF A LEPER!"nothingtosee wrote:This shit is obnoxious and irrelevant. It's like when a person says " you think YOU'RE having a bad day? My car broke down while my boyfriend dumped me." It's completely unrelated to how the first person is doing.Shaggier1 wrote:http://www.gallup.com/poll/166211/world ... e-000.aspx
If the person across the street from OP is making $10,000 for doing the same work than OP can't complain. If the person up 5 floors is doing the same work and making $120,000 then op's salary is shitty.
As for OP's question, I think it's a little low, but depends on exactly what your COL is and imo, on how much debt you have too (although not directly relevant)
96k in like Minneapolis for example is probably worth 400k+ in NYC, as an example
Can't know for sure about OP unless we know market and practice
I think those sites overestimate how expensive NYC is. Like, sure, you're not getting a 2000 square foot apartment, but no one does. People just live in smaller spaces -- they don't spend (that much) more money.krads153 wrote:
If we're being precise, it's more around ~200k according to the below. But I'm skeptical, honestly, of the website. I compared with my secondary hometown and NYC and think that the website greatly underestimates how much you need to live in NYC at a sort of similar level (at least housing wise).
http://money.cnn.com/calculator/pf/cost-of-living/